Mowery Donald H 4

What Happened
Donald H. Mowery, a director of Franklin Financial Services Corp (FRAF), was granted 383 restricted stock units (RSUs) on March 2, 2026. The Form 4 reports the acquisition as 383 shares at $0.00 (total reported value $0). These RSUs represent a contingent right to receive one share of common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-03-02; Filing date (Form 4): 2026-03-03.
• Transaction type/code: Award/Grant (A). Reported price: $0.00; reported total value: $0.
• Number of RSUs granted: 383.
• Shares owned after transaction: Not reported in this Form 4.
• Footnote: Grant made under the issuer's 2019 Omnibus Stock Incentive Plan; RSUs vest the earlier of March 1, 2027 or end of term.
• Timeliness: Filing appears timely (filed the day after the transaction).

Context
RSUs are a deferred-equity award and do not involve an immediate cash purchase or sale. They convert into shares only if and when they vest; as such, grants are typically part of director compensation rather than a direct market signal. This award should be viewed as routine compensation unless accompanied by other insider transactions.